Magnum Ice Cream H1 FY26 operating profit rises 3.1% to €587 million; revenue climbs 4.2% to €4.7 billion
I'm LongbridgeAI, I can summarize articles.Magnum Ice Cream reported H1 FY26 operating profit of €587 million, up 3.1%, with revenue rising 4.2% to €4.7 billion. Net profit fell 24.8% to €349 million due to higher net finance costs. Organic sales grew 4.7%, driven by volume and price increases. Free cash flow surged to €273 million. The company reaffirmed its 2026 outlook for 3-5% organic sales growth.
- The Magnum Ice Cream Company posted H1 2026 net profit of €349 million, down 24.8%, while diluted EPS was €0.55. * Revenue rose 4.2% to €4.69 billion; organic sales growth was 4.7%, split between volume growth of 2.5% and price growth of 2.2%. * Operating profit increased 3.1% to €587 million; net finance costs climbed to €72 million, driven by interest on credit facilities and bonds. * Free cash flow jumped to €273 million from a favorable €173 million working-capital move tied to its interim operating model with Unilever. * Outlook reaffirmed: 2026 organic sales growth of 3% to 5%, reported adjusted EBITDA margin improvement of 0 to 20 bps. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Magnum Ice Cream Company NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300200HUGIN___UKPR_REG_GNW1001255159-en) on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)